Date GMT+01:00 |
Event | Previous | Forecast | Actual | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
May, 31 07:45 |
★ |
Consumer Spending
Consumer Spending
Change in the total value of inflation-adjusted goods expenditures by consumers. |
-1.3% | 0.3% | - | ||||||||||||||
May, 31 07:45 |
★ |
Consumer Spending
Consumer Spending
Change in the total value of inflation-adjusted goods expenditures by consumers. |
-1.3% | 0.3% | - | ||||||||||||||
May, 31 07:45 |
★ |
GDP
GDP
The Gross Domestic Product is a comprehensive measure of an overall production and consumption of goods and services. GDP serves as one of the primary measures of overall economic well-being. While GDP announcements generally conform to expectations, unanticipated changes in this metric can move markets. Robust GDP growth signals a heightened level of economic activity and often a higher demand for the domestic currency. At the same time, economic expansion raises concerns about inflationary pressures which may lead monetary authorities to increase interest rates. Thus better than expected GDP figures are generally bullish for the Euro, while negative readings are generally bearish. Technically, Gross Domestic Product is calculated in the following way: GDP = C + I + G + (EX - IM) where C = private consumption, I = private investment, G = government expenditure, EX = exports of goods and services, IM = imports of goods and services. French GDP figures, officially called Quarterly National Accounts, are released quarterly. The headline figures are annualized percentage changes in real and nominal GDP. |
0.2%; 0.8% | 0.2%; 0.8% | - | ||||||||||||||
May, 31 07:45 |
★ |
GDP
GDP
The Gross Domestic Product is a comprehensive measure of an overall production and consumption of goods and services. GDP serves as one of the primary measures of overall economic well-being. While GDP announcements generally conform to expectations, unanticipated changes in this metric can move markets. Robust GDP growth signals a heightened level of economic activity and often a higher demand for the domestic currency. At the same time, economic expansion raises concerns about inflationary pressures which may lead monetary authorities to increase interest rates. Thus better than expected GDP figures are generally bullish for the Euro, while negative readings are generally bearish. Technically, Gross Domestic Product is calculated in the following way: GDP = C + I + G + (EX - IM) where C = private consumption, I = private investment, G = government expenditure, EX = exports of goods and services, IM = imports of goods and services. French GDP figures, officially called Quarterly National Accounts, are released quarterly. The headline figures are annualized percentage changes in real and nominal GDP. |
0.2%; 0.8% | 0.2%; 0.8% | - | ||||||||||||||
May, 31 08:55 |
★★ |
Unemployment Rate
Unemployment Rate
The percentage of individuals in the labor force who are without a job but actively seeking one. A higher Unemployment Rate is generally a drain on the economy. Not only does it mean that resources are not being fully utilized, but it also results in lower consumer spending as there are fewer workers receiving paychecks. Note: The unemployment rate generally moves slowly, so changes of only a few tenths of a percent are still considered significant. Also note that the unemployment rate does not account for discouraged workers. Therefore, in an economically depressed environment, such as that which occurred in Cold War era East Germany, the Unemployment Rate may not accurately reflect the extent of problems. |
5.6% | 5.6% | - |